Showing 1 - 10 of 18
La implementación de "nuevas" estrategias económicas en América Latina se ve fuertemente condicionada por la herencia neoliberal generando una dialéctica caracterizada por elementos de cambio y de continuidad. Partiendo de este supuesto, nuestro trabajo se centra en analizar el impacto de...
Persistent link: https://www.econbiz.de/10010700533
The aim of this article is to use probabilistic ideas to study predictive reasoning based on hypotheses and models, but without using Ito calculus, without writing any stochastic differential equations, in fact without writing any formulas at all. The aim is to extract from the study of...
Persistent link: https://www.econbiz.de/10010899270
The economic implications of oil price shocks have been extensively studied since the oil price shocks of the 1970s …-known stylized facts: 1) the stagflationary impact of an oil price shock, together with 2) two possible reactions of real wages … of an oil-importing economy where oil cannot be stored and where fossil fuels are used in two different ways: One part of …
Persistent link: https://www.econbiz.de/10011025540
Desestabilización y la dificultad para cumplir con la cuota de suministro de petróleo en los países de América latina y del Caribe han generado en estas economías evidentes y consuetudinarias crisis económicas que difícilmente enfrentan. Sin embargo, estos países están en la búsqueda...
Persistent link: https://www.econbiz.de/10010820568
The Government of Algeria has pursed a relatively expansionary fiscal policy in recent years, thanks to rising oil …
Persistent link: https://www.econbiz.de/10008805952
Survivors are the ones who bear the burden of reconstruction, thus the examination of the costs of civil conflicts to survivors health is crucial for the design of post-war economic policies. This paper investigates this question for the Mozambican civil war, using an original geo-referenced...
Persistent link: https://www.econbiz.de/10010549067
This paper contributes to the heated debate on the link between climate and civil war. We exploit a large dataset of a drought index commonly used in hydrology, the Palmer Drought Severity Index (PDSI). The PDSI is based on a hydrological model and is a cumulative measure that takes account of...
Persistent link: https://www.econbiz.de/10010775939
The literature on the impact of an abundance of natural resources on economic performance remains inconclusive. In this paper we consider the possibility that countries may follow different growth regimes, and test the hypothesis that whether natural resources are a curse or a blessing depends...
Persistent link: https://www.econbiz.de/10010933874
We develop a dynamic game to provide with a theory of Arab spring-type events. We consider two interacting groups, the elite vs the citizens, two political regimes, dictatorship vs a freer regime, the possibility to switch from the first to the second regime as a consequence of a revolution, and...
Persistent link: https://www.econbiz.de/10010933882
to the latter. In contrast to the benchmark model, we introduce uncertainty. We consider the typical case of an Arab oil … exporter country where oil rents are fiercely controlled by the conservative elite. We assume that the higher the oil rents …
Persistent link: https://www.econbiz.de/10010933899